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Sunland Company had revenues of $341000, expenses of $215000, and dividends of $46500. When Income Summary is closed to retained Earnings, the amount of the

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Sunland Company had revenues of $341000, expenses of $215000, and dividends of $46500. When Income Summary is closed to retained Earnings, the amount of the debit or credit to Retained Earnings is a credit of $126000 credit of $79500 debit of $79500 debit of $126000

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